Millennium Management Portfolio holdings
Millennium Management, founded in 1989 by Israel (Izzy) Englander and Ronald Shear and headquartered in New York City, is a global multi-strategy hedge fund managing over $71 billion in assets as of late 2024, employing a decentralized model with over 300 independent trading teams. Operating across equities, fixed income, commodities, currencies, and derivatives, the firm uses a mix of quantitative and fundamental strategies, providing its portfolio managers with capital, infrastructure, and autonomy to pursue diverse investment approaches while enforcing strict risk management. With more than 5,400 employees across offices in London, Hong Kong, Singapore, and beyond, Millennium has evolved from its initial $35 million seed capital—partly from the Belzberg family—into a titan of the hedge fund world, known for its ability to attract top talent and deliver consistent returns. Under Englander’s leadership as chairman and CEO, the firm remains a low-profile yet highly influential force in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$1.12B |
| 2 |
Apple
AAPL
|
+$963M |
| 3 |
Wells Fargo
WFC
|
+$647M |
| 4 |
ConocoPhillips
COP
|
+$632M |
| 5 |
UnitedHealth
UNH
|
+$490M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$963M |
| 2 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$907M |
| 3 |
KKR & Co
KKR
|
+$906M |
| 4 |
CRH
CRH
|
+$670M |
| 5 |
Meta Platforms (Facebook)
META
|
+$593M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.44% |
| 2 | Healthcare | 8.01% |
| 3 | Financials | 6.79% |
| 4 | Industrials | 6.22% |
| 5 | Consumer Discretionary | 5.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Golar LNG
GLNG
$4.89B
| $71.3M | 0.03% |
2,273,972
-829,523
| -27% | -$21.9M |
|
577
PUT
Johnson & Johnson
JNJ
$644B
| $71.2M | 0.03% |
487,100
-209,400
| -30% | -$31.1M |
|
578
Best Buy
BBY
$18.5B
| $71.1M | 0.03% |
843,170
+657,194
| +353% | +$52.2M |
|
579
Matador Resources
MTDR
$6.11B
| $71M | 0.03% |
1,190,882
+422,942
| +55% | +$26.6M |
|
580
CALL
Coca-Cola
KO
$359B
| $70.8M | 0.03% |
1,112,400
-242,900
| -18% | -$15M |
|
581
WIX.com
WIX
$2.33B
| $70.4M | 0.03% |
442,384
+279,254
| +171% | +$40.1M |
|
582
Aon
AON
$78.7B
| $70.4M | 0.03% |
239,687
+157,362
| +191% | +$46.5M |
|
583
PUT
Cisco
CSCO
$448B
| $70.2M | 0.03% |
1,477,400
-1,234,700
| -46% | -$58.6M |
|
584
StepStone Group
STEP
$3.66B
| $70M | 0.03% |
1,526,327
-1,348,690
| -47% | -$53M |
|
585
RH
RH
$3.42B
| $69.6M | 0.03% |
284,645
+154,870
| +119% | +$40.7M |
|
586
Revvity
RVTY
$12.2B
| $69.4M | 0.03% |
661,467
-537,913
| -45% | -$57.1M |
|
587
CALL
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $69.3M | 0.03% |
1,684,297
| – | – |
|
|
NVEI
588
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $69.2M | 0.03% |
2,138,217
+1,348,848
| +171% | +$43.4M |
|
589
State Street
STT
$50.7B
| $69.1M | 0.03% |
933,460
-384,449
| -29% | -$28.7M |
|
590
Zoetis
ZTS
$32.5B
| $69M | 0.03% |
397,926
-465,484
| -54% | -$77.5M |
|
|
NARI
591
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $68.9M | 0.03% |
1,431,362
-882,804
| -38% | -$39.1M |
|
592
Omnicom Group
OMC
$23.4B
| $68.9M | 0.03% |
768,328
+324,296
| +73% | +$30.1M |
|
593
Affirm
AFRM
$24.5B
| $68.6M | 0.03% |
2,269,153
+1,039,017
| +84% | +$33.3M |
|
594
PUT
Wynn Resorts
WYNN
$10.4B
| $68.3M | 0.03% |
762,700
+227,400
| +42% | +$21.8M |
|
595
Brinker International
EAT
$8.47B
| $68.2M | 0.03% |
942,510
+227,047
| +32% | +$13.5M |
|
596
PUT
Nucor
NUE
$56.7B
| $68.2M | 0.03% |
431,600
-4,800
| -1% | -$834K |
|
597
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.6B
| $68.2M | 0.03% |
747,400
-1,582,400
| -68% | -$141M |
|
598
PUT
Abbott
ABT
$184B
| $68.1M | 0.03% |
655,100
-270,600
| -29% | -$28.7M |
|
599
MarketAxess Holdings
MKTX
$4.18B
| $68M | 0.03% |
339,261
+327,913
| +2,890% | +$67.6M |
|
600
XPeng
XPEV
$12.2B
| $67.9M | 0.03% |
9,261,406
-1,438,866
| -13% | -$11.4M |
|
Similar funds
Millennium Management's Q2 2024 Portfolio in Review
As of Q2 2024, Millennium Management held 6,803 positions worth $216B, down 7.8% from $234B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Millennium Management withdrew a net $24.5B in Q2 2024, closing 995 positions and reducing 2,549 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $907M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 8.5% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Millennium Management opened a new position in QXO Inc worth $20.6M.
- Millennium Management's largest Q2 2024 buy was QXO Inc: 2,219,158 shares worth $20.6M.
- Millennium Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $1.12B increase.
- Millennium Management's biggest Q2 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $963M.
- Millennium Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $907M.
- Millennium Management's ten largest holdings make up 16% of its $216B portfolio in Q2 2024.
- Millennium Management opened 661 new positions and closed 995 in Q2 2024.
- Millennium Management's portfolio value fell 7.8% quarter-over-quarter to $216B.
Based on Millennium Management's 13F filing for Q2 2024, filed 14 Aug 2024.